Warsh reviews 5 books that sound interesting - too many excellent analysis and too little time>
The Federal Reserve Board celebrates in December the hundredth anniversary of its founding. That means Americans will be going to school on books about central banking for a while longer. Thanks to the financial crisis of 2007-9, a larger niche is being carved in the civics curriculum for the government agency that oversees the intersection of the nation’s systems of money and finance.
It’s a good thing, too, for in the immediate aftermath of the financial crisis, Congress took the first steps toward creating a second, similarly elaborate regulatory system – this one intended to oversee the nation’s enormous system of medical care. Once again, a hundred years is not too soon to expect to get this one right. So the more you know about oversight of the banking system, the better you’ll understand the problems of taming the tendencies to overprovision of medical care.
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